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124th MAINE LEGISLATURE |
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LD 1573 |
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LR 2264(02) |
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An Act To Improve
Water Quality through the Phaseout of Overboard Discharges and the
Improvement of the Boat Pump-out Laws |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Natural Resources |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Future biennium cost increase - General Fund
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Fiscal Detail
and Notes |
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This bill
requires the Department of Environmental Protection (DEP) to pay, subject to
the availability of funds, a portion of the cost of converting overboard
discharge systems to waste-reducing alternative systems if certain criteria
are met. The DEP estimates that if 40%
of the existing 1350 OBDs have alternative systems at an average cost of
$25,000 each and the state share is 65%, the total cost of these grants would
be approximately $8,775,000.
Typically, state participation in costs of this nature have been paid
from bond proceeds. Currently,
available bond proceeds are limited and no provision is made in this bill for
a new bond issue. As a result,
additional legislation will be required to create a bond issue or provide a
General Fund appropriation to fund these costs. In separate legislation LD 1816 proposes
$500,000 in bonds for overboard discharge. |
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Any additional
costs to the DEP associated with authorizations, issuance of written
decisions or making findings of fact can be absorbed within existing budgeted
resources. |
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